Sujibaby Stock-Talk

Yong Tai (7066) Technical Analysis - June 2021 - Sujibaby

sujibaby
Publish date: Fri, 11 Jun 2021, 12:35 PM

Stock Potential

YongTai - 'OngLai' with Vac-Au-Prop?

Technical Analysis

 

Mother : YONGTAI (7066)

Warrant           : YONGTAI-PA          Maturity                               : 27 Nov 2026            

Strike Value    : 0.80                         Current Mother Value       : 0.255 (10/6/2021)

 

Mother - Monthly

Projection for continuos bullish trend. Next resistance at 0.50 area.

 

Mother - Weekly

The price showed a resistance break at the weekly chart. The current retrace for the bullish trend remains

intacted if the 0.235 remains unbroken.

 

Mother - Daily

The bullish divergence detected at daily chart with 0.245 as the support. Upon resistance resistance break,

the price is currently in retrace mode.

 

Disclaimer: The above analysis is performed based on technical aspect of price action on chart and do not reflect the current fundamentals of the business or company. It is intended solely for informational and educational purpose for peers and, should not be used as a basis for making any specific investment, business or commercial decision. Any decisions to place trades in the financial markets, including trading in stock or options or other financial instruments, is a personal decision that should only be made after thorough research, including a personal risk and financial assessment, and the engagement of professional assistance to the extend one believe its necessary.

 

Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment